New energy price cap prompts call for help on bills

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The regulator’s new cap shows the cost of government help will be less than initially thought. …

Such figures were, and could still be, highly volatile. The government says the “savings” would be money not borrowed, rather than a pot of money available to spend elsewhere. However, the figures have prompted dozens of charities and campaigners to call on the government to reverse the plan for a typical annual bill to rise from £2,500 to £3,000 in April.

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